King Risk Partners has acquired Conover Beyer Associates Insurance, a longstanding independent insurance agency based in Manasquan, New Jersey. The transaction expands King Risk Partners’ presence in the Mid-Atlantic region.
Founded in 1882, Conover Beyer has served businesses, individuals and families throughout New Jersey for more than 140 years. The family and veteran-owned agency provides commercial and personal insurance, employee benefits, commercial bonding and risk management services.
The agency also has specialized experience in coastal risks and serves a variety of industries, including contractors, restaurants and manufacturers.
Scott Popilek, CEO of King Risk Partners, said Conover Beyer brings extensive industry knowledge and an understanding of the complex risks facing businesses and individuals in New Jersey. He said the combination will strengthen King Risk Partners’ commercial and personal insurance, employee benefits and risk management capabilities throughout the region.
Conover Beyer partners Art Farren, Mike D’Altrui and Laura Church said the agency has built its business around longstanding client relationships and community involvement. They said joining King Risk Partners will provide additional resources and capabilities while allowing the agency to build on that foundation.
For King Risk Partners, the acquisition continues its strategy of partnering with established independent insurance agencies and expanding its geographic footprint.
King Risk Partners is currently ranked as the 36th-largest insurance brokerage in the United States. The addition of Conover Beyer further strengthens its operations in New Jersey while adding an agency with more than a century of experience in the insurance industry.
Information for this article was provided by King Risk Partners. Views and claims expressed in this article are those of the source company and do not necessarily reflect the views of AgencyEquity.com. This article may have been edited with the help of AI.
